Skip to comments.Obama to lay out economic growth plan in State of Union speech
Posted on 02/10/2013 1:15:09 PM PST by YankeeReb
WASHINGTON (Reuters) - President Barack Obama will describe his plan for spurring the economy in his State of the Union address on Tuesday, offering proposals for investments in infrastructure, manufacturing, clean energy and education, a senior administration official said on Saturday.
In the annual presidential address to Congress, Obama plans to show he has not lost sight of the economic woes of middle-class Americans - issues that dominated the 2012 election campaign but have been overshadowed recently by efforts to cut the deficit, overhaul immigration laws and curb gun violence.
"The potential success of his second term is hugely dependent on the rate at which the economy grows," said Ruy Teixeira, a political scientist with the liberal-leaning Center for American Progress.
"There's no problem the Democrats have that can't be solved with faster growth. Conversely, there's not much they'll be able to do if growth stays slow."
Obama previewed his economic growth plan in a speech to House of Representatives Democrats this week, telling them he would stress the importance of education, development of clean energy, and infrastructure.
There were no details on the new initiatives for infrastructure, manufacturing, clean energy and education, elements first reported by the New York Times.
But any new spending will face tough opposition from Republicans in Congress who are focused on cutting spending and reducing the deficit.
Obama has urged Congress to take steps to postpone harsh government spending cuts slated to take effect on March 1, and the White House took pains on Friday to describe how the cuts would affect ordinary Americans' lives.
(Excerpt) Read more at news.yahoo.com ...
I read that as more credit from the Bank of China to give more 0bama bundlers more lard from the treasury.
Same Shiite Different Day
1) Invest in schools
2) Invest in roads
3) Invest in green technology
4) Punish everyone who works hard and is successful.
WTF does he know about economic growth?
He’ll probably talk about and then try to mimic the recent economic successes of North Korea.
“...economic growth plan...”
Gonna be a short speech.
Easiest way to do this is for all the Democrats and RINO centrists to resign.
It would only hurt gun sales and oil prices would drop, but they could handle it.
His Royal Majesty The King will inform his peons and serfs of The State Of The 57 states of his realm.
I bet he promises to focus like a laser on employment and give us some of those “shovel ready” jobs he couldn’t find last term.
Dust off “Economic Growth Plan #5” for the rubes. They bought the first four hook, line and sinker.
“If everybody paid their fair share...”
“We can’t cut our way to prosperity...”
“There are some who say...” (ridiculous straw man argument here)
For my commentary on the Preziduntz remarks, I will refer you to Joe Wilson.
It won;’ be short.
Hussein loves to hear himself talk.
I won’t be tuning in.
This will be the next in the series of “Focus on the economy like a laser” speeches.
Me neither. The DBM will be full of “it” for days afterward.
he doesn’t know anything about economic growth
k Mr "Big Deal". Show us yours. So far you're just Mr. "Big Talk".
“There’s no problem the Democrats have that can’t be solved with faster growth...”
Just one problem. There’s no Democrat policy that will lead to faster growth.
Ditto. Same old bull from Mr. Mutable (as in hit the mute button).
And I....My.....Me.....etc ad nauseum.....
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